National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Czech Republic
Index 2015=100, Annual
NAEXKP01CZA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.86
Year-over-Year Change
24.92%
Date Range
1/1/1996 - 1/1/2022
Summary
This economic trend measures the annual real gross domestic product (GDP) per capita for China. It is a key indicator of a country's economic growth and living standards.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The real GDP per capita trend adjusts the total economic output of China for population size and inflation, providing a standardized measure of the average standard of living. Economists and policymakers use this data to assess China's economic development and competitiveness.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using official Chinese GDP and population statistics.
Historical Context
Trends in China's real GDP per capita are closely watched by global investors and analysts to gauge the country's economic trajectory and potential.
Key Facts
- China's real GDP per capita has more than tripled since 2000.
- China overtook the U.S. as the world's largest economy (by PPP) in 2014.
- China aims to become a 'moderately prosperous society' by 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual real gross domestic product (GDP) per capita for China, adjusting for population size and inflation to provide a standardized indicator of living standards.
Q: Why is this trend relevant for users or analysts?
A: Trends in China's real GDP per capita are closely watched by economists, policymakers, and investors to gauge the country's economic development, living standards, and global competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using official Chinese GDP and population statistics.
Q: How is this trend used in economic policy?
A: China's real GDP per capita is a key indicator used by policymakers and analysts to assess the country's progress toward its goal of becoming a 'moderately prosperous society' by 2020.
Q: Are there update delays or limitations?
A: The data is updated annually, with a delay of several months, and may be subject to revisions by the source agency.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP01CZA661S), retrieved from FRED.